Micro E-mini Russell 2000 (M2K) futures: tick value, specs & position size
One M2K tick is 0.10 index points = $0.50 per tick, and one point is $5.00 per point. A 10-point stop risks $50 per M2K, $500 per RTY, $5 per N2K.
M2K contract specifications
- Tick size
- 0.10 index points
- Tick value
- $0.50 per tick
- Point value
- $5.00 per point
- Contract size
- $5 multiplied by the Russell 2000 Index value
- Exchange
- CME
- Hours
- Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)
Verified against CME Group on October 27, 2026. Official M2K contract specifications.
What a M2K stop costs
Dollar risk per contract for common stop distances, across the M2K family. Before commissions.
| Stop | Ticks | RTY | M2K | N2K |
|---|---|---|---|---|
| 2 pts | 20 | $100 | $10 | $1 |
| 4 pts | 40 | $200 | $20 | $2 |
| 5 pts | 50 | $250 | $25 | $2.50 |
| 10 pts | 100 | $500 | $50 | $5 |
| 15 pts | 150 | $750 | $75 | $7.50 |
| 20 pts | 200 | $1,000 | $100 | $10 |
Russell 2000 contract family
M2K contracts by account size
1% risk, 10-point stop, no commission.
| Account | RTY | M2K | N2K |
|---|---|---|---|
| $25,000 | 0 | 5 | 50 |
| $50,000 | 1 | 10 | 100 |
| $100,000 | 2 | 20 | 200 |
| $150,000 | 3 | 30 | 300 |
Trading M2K: what moves it and who trades it
Micro E-mini Russell 2000 futures, symbol M2K, are the one-tenth CME contract for the Russell 2000. The multiplier is $5 times the index. The tick is 0.10 index points, matching RTY, and the tick value is $0.50. Point value is $0.50 / 0.10 = $5 per index point.
Ten M2K ticks of $0.50 equal one RTY tick of $5. A stop of 2.0 index points is 20 ticks on both contracts. That is $10 of risk per M2K and $100 of risk per RTY before commission. A $100 budget at that stop sizes to 10 M2K or 1 RTY. The floor function is what keeps the count from stepping up to 11 M2K, which would be $110 before commission.
RTY and M2K are the two contracts this calculator groups for the Russell 2000 family. Choosing either symbol sizes both, and the largest tier that still fits at least one contract is marked. M2K is quoted in U.S. dollars.
Related contracts
M2K FAQ
How much is one M2K point worth?
One point is $5.00 per point. That is tick value divided by tick size.
How many N2K equal one M2K?
10 N2K equal one M2K.
What account size do I need for one M2K?
At a 10-point stop, one M2K risks $50 before commission. At 1% risk that is a $5,000 account. A smaller account can still trade a smaller contract in the same family when one exists.
Funded Futures Network
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